War nickels. Do they ever have a premium significantly over melt?

Discussion in 'Coin Chat' started by Walter Marx, Mar 26, 2020 at 4:09 AM.

  1. Walter Marx

    Walter Marx Active Member

    Been gone a while, faced with some very real situations the past years. But finally found time to do what I enjoy and I obtained these two 1943 denver and San Francisco nickels which appear to be I pretty decent condition. Anyone have a quick answer as to do the war years ever bring nice bids at the auctions or are they ever worth grading for auction? Just curious. Recently divorced and with that drama wrapped up i did have my auction/grading trials on hold but I'm ready to take a shot in the dark for no more than entertainment. Any suggestions on simple us coins that can potentially do well. J have a hand full of 1960 P proof nickels one of which is ddr#001. But I've never seen an example of that variety take much, it's an interesting coin, quadrupled on USA lettering , tripled on the EPU . AND THE FEATURES ARE VERY IDENTIFIABLE AND APPARENT. ILL TRY TO GET PICS. NEXT OF THAT ONE.
    Apologize for my pictures sequence, I tried to get the order correct on these 2 coins. Bare with me, first post In. A long long time. 20200326_034142.jpg 20200326_034436.jpg 20200326_034436.jpg 20200326_034239.jpg 20200326_034142.jpg 20200326_034436.jpg 20200326_034239.jpg
     

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  3. Paddy54

    Paddy54 Variety Collector

    Every war nickel are just about a variety These varieties can be found at varietyvista.com.
    The 43p has over 70 known varieties, that range in value,and rarity.
    Your specimens look nice but would need be in the 66 plus range to be worth slabing, or a very rarer variety.
     
    Last edited: Mar 26, 2020 at 5:10 AM
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  4. Walter Marx

    Walter Marx Active Member

    These dont appear to be doubled die varieties from first glance. Do the war years have rpm occur? Not sure why I never thought of war nickel rpm varieties and if they were even a possibility for these. Any clue about that? In gonna look Into it right now
     
  5. Walter Marx

    Walter Marx Active Member

    I have one 43 p but condition is lacking
     

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  6. Walter Marx

    Walter Marx Active Member

    Would these be candidates for the full step variety? The SanFran looks like it had the better chance.
     

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  7. spirityoda

    spirityoda Coin Junky Supporter

    I searched for this doubled eye variety. I bought this 1 off Ebay. I am very happy with it. 1943-P Jefferson Nickel - Doubled Die Obverse Doubled Eye FS-106 - PCGS MS-64

    1943 A.jpg
    1943 B.jpg
    1943 C.jpg
    1943 D.jpg
    1943 E.jpg
     
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  8. bradgator2

    bradgator2 Supporter! Supporter

    Something about them is intriguing to me. It is fascinating that nickel was such an important war time metal that they used 35% silver and 9% manganese instead. I do own a TPG 42 proof 63 and several nice uncirculated. But it's always been a bucket list item to acquire a nice full set. Wouldnt be terribly expensive, nearly all are $20-$25 for MS65.
     
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  9. Kevin Mader

    Kevin Mader Fellow Coin Enthusiast

    Yes, these coins in uncirculated condition are very affordable. And as a limited series (produced in silver), affordable as a set.
     
  10. kanga

    kanga 65 Year Collector

    I found them to be interesting enough to collect:
    -- a full set in NGC MS-67, and
    -- a full set of Full Steps from PCGS (8) and NGC (3) ranging in grade from MS-64 to MS-66 (the three NGC coins are labeled "5 full steps"), and
    -- a full set in BU for my Jefferson Nickel set.

    Last I checked, both slabbed sets cataloged in the $2000 area.
    Don't know what they'd really sell for now.
     
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  11. capthank

    capthank Well-Known Member

    I saw an uncirculated set in the LCD for $250 encased in plastic labeled as war nickels
     
  12. cladking

    cladking Coin Collector

    BU's have a premium and AU's of key dates have a premium right now. But otherwise these trade at a significant discount to melt.

    Keep in mind though that so many have been melted that premiums have been popping up for the key dates. You just don't see large numbers of these like twenty or thirty years ago.
     
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  13. capthank

    capthank Well-Known Member

    I think I will keep mine then.
     
  14. Paddy54

    Paddy54 Variety Collector

  15. capthank

    capthank Well-Known Member

    Uncirculated set sells for $250 at LCD here. This is my set
     

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  16. Burton Strauss III

    Burton Strauss III Supporter! Supporter

    That's because refiners don't like to deal with them... from the local shop (https://dillongage.com/faq-2/), there is a 20% fee and $10,000 silver value minimum... That's a LOT of nickels

     
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  17. capthank

    capthank Well-Known Member

    Holy smokes. Just looked up the numismatic values of war nickels on Coininflation. Think I'll take them out of the holder and sell individually
     
  18. Collecting Nut

    Collecting Nut Borderline Hoarder

    It all depends on the Coin itself.
     
    Last edited: Mar 26, 2020 at 1:08 PM
  19. capthank

    capthank Well-Known Member

    all are uncirculated mint state
     
  20. Collecting Nut

    Collecting Nut Borderline Hoarder

    That helps
     
  21. capthank

    capthank Well-Known Member

    Thanks
     
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